Thursday, 23 July, 2009

IWG On The Hunt in Weak Markets

International Water-Guard (TSX-V: IWG)
Basic Shares: 39.3 million
Fully Diluted: 46.5 million

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International Water Guard (IWG) reported lower sales in its fiscal 09 third quarter (June 30)but despite the economic slump, it showed an impressive 23 % sales increase over the nine-month period.

The nine-month net earnings showed an eqaully impressive gain, moving from a loss of $137 thousand in the first nine months of Fiscal 2008 to positive net earnings of $122 thousand in the current fiscal year's nine-month period.

Given it's relatively good performance, IWG President and CEO David Fox said he is taking a multi-pronged approach to driving growth.

Most interestingly, he is on the hunt for "opportunities" created by the general economic slump. He's saying little more than that but a first-year business student might conclude he is on the prowl to acquire promising companies in the aviation sectors that have been wounded by the economic downturn.

I'll leave it to you to decide after reading Mr. Fox's full quote that was contained in IWG's third-quarter report:

"Looking forward, we are moving with caution in terms of our cost base while increasing our sales activities and investigating opportunities that are being uncovered by the downturn."

Third quarter sales ending June 30th were $1.1 million, off 11% from the same quarter in the previous year.

As mentioned earlier, the nine-month period looked much better; sales totalled $3.6 million, up 23% from the same nine-month period in the company's last fiscal year.

"Our performance over the first nine months of the year has been good, in particular considering the generally negative industry climate," Mr. Fox said.

To read the full news release, please click here.

NXT to Attend Major Exploration Conference in Colombia

NXT Energy Solutions Inc.
TSX-V : SFD / OTCBB : NSFDF / Frankfurt : EFW
Basic Shares - 30.6 million
Fully Diluted - 42.7 Million
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Having just completed it $2.3 million (USD) contract in Colombia for Pacific Rubiales (PRE: TSX), NXT is headed back to make a splash at the 10th Symposium of Bolivariano Petroleum Exploration on July 25 - 29, 2009.

At the conference NXT will showcase the capabilities of its SFD (R) technology and recent success within the demanding and growing Colombian marketplace. NXT's attendance at this Symposium highlights its commitment to undertake focused sales and marketing efforts in Colombia.

All the major oil and gas exploration companies operating in Colombia will be in attendance. Here is a list of the sponsors for this event.





To read the full release, please click here.














Click here for investor relations professional disclaimer

Wednesday, 15 July, 2009

NXT Delivers Colombian Airborne Survey On Time and On Budget

NXT Energy Solutions Inc.
TSX-V : SFD / OTCBB : NSFDF / Frankfurt : EFW
Basic Shares - 30.6 Million
Fully Diluted - 42.7 Million

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On May 13 of this year, Canadian based Pacific Rubiales (PRE) contracted NXT Energy Solutions to perform an airborne survey in order to identify target areas could hold oil and gas on a 7,000 square kilometre portion of the company’s land claims in Colombia. The full value of the contract for the airborne Stress Field Detection (SFD) exploration survey was $2.3 million USD.

The operational ability of the NXT team was clearly demonstrated when the company was able to mobilize a large contingent from the company to Bogata, clear its equipment and the aircraft through customs and receive all the appropriate military and regulatory approvals in Columbia, in just over one week before its first test flight on May 22.

The full SFD survey and report was completed and delivered to Pacific Rubiales within six weeks of signing the contract. Management stated that if the company were to receive future survey contracts in Colombia, it would be even quicker and more efficient now that it has received all the initial approvals from the military and regulatory bodies.

About the SFD® Survey System

A non-seismic airborne geophysical survey system for the oil & gas exploration industry. Data is accumulated by the aircraft as it flies in a grid pattern over the targeted survey area. SFD sensors mounted within the aircraft respond to variations in subsurface stress, all of which are captured as digitized data. This data is then interpreted to provide important indicators of geological subsurface structures and reservoir potential.

To read the full release please click here.


Click here for investor relations professional disclaimer

Tuesday, 14 July, 2009

We Bid Farewell to Med BioGene

MED BIOGENE INC. (MBI:TSX-V)
Basic shares: 41 million
Fully diluted: 63 million

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On February 21, 2007, we announced Med BioGene as our latest client. At that time the company had a new CEO in Erinn Broshko and a focus on developing gene based diagnostics tools for colon cancer, lymphoma, leukemia and cardiovascular disease. In the middle of that year we helped the company raise over $3 million with the expectation to have a commercial partner by the end of that year or the first quarter of 2008.

However in the second half of 2008, management shifted the focus of its science and market strategy to a prognostic test for lung cancer in the belief that the product to market was faster and greater for this science versus the company’s original lymphoma diagnostic test.

As such, the new direction required and will require more money compared to the original plan but in management’s view the potential upside is much greater. At this time MBI is planning on going it alone to commercialize the science. It remains to be seen whether or not it will ultimately partner with an entity that has considerable resources and experience in this area.

This is a risk / reward scenario as during the 2007 and early 2008 period the stock traded in the range of $0.40 to $0.70 on the expectation that a partnering deal would be closed. However, with the critical change in business direction, a market that was growing less and less patient with emerging companies and compounded by gathering economic storm clouds the stock drifted to below a dime.

Much of the risk was assumed by the early investors and they deserve to be well rewarded, which will hopefully come with the commercial launch of MBI’s LungExpressDx™ product later this year. Between last summer and as of this writing the company had raised over $3.5 million in a very difficult market, not to mention during a time when it was virtually impossible for a junior non-cash flowing Canadian biotech company to bring in any capital at all.

We are counting a great deal on Erinn Broshko’s drive and the capabilities of his team to expedite the launch of LungExpressDX™ and to catch the attention of large biopharma companies and laboratories. As The Howard Group, members of the HG team, associated Insight Limited Partnerships and the directors as well as a host of other relationships hold a collective position well into the seven figures, we clearly have a vested interest in wishing MBI every success.

Friday, 10 July, 2009

Anglo Swiss Finds 2,696 Grams Per Tonne Of Gold – SPECTACULAR!

Anglo Swiss Resources Inc.
(TSX-V: ASW) (OTCBB: ASWRF) (BERLIN: AMO)
Basic Shares 130.2 million
Fully Diluted 150 million

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Today Anglo Swiss wowed the market with a news release summarizing its remaining assay results from its underground vein sampling program that form the basis for a pending industry compliant NI 43-101 resource report due in July.

The company has now completed its initial sampling program on its main level of the Kenville Gold Mine called Level 257 just outside of Nelson BC.

The highest grade reported from the 56 samples taken in a vein structure named the South Yule is an astounding 2,696 grams per tonne of gold or 78.63 ounces per ton. The assay results came from Assayers Canada with a countercheck assay completed by International Plasma labs that had a value of 2283 grams per tonne. These two labs independently checked all samples.

There is 95 metres of this vein structure exposed inside the mine from which the samples were taken. Out of the 56 samples, 15 assayed in the multi grams per tonne while the remaining 41 averaged 0.9 grams per tonne.

Anglo management is convinced that more of these high grade gold pockets will be discovered as the company starts to drill newly discovered vein structures in its summer drilling program expected to start within a month. The “super size” assay along with numerous multi-ounce gold assays found in Level 257 reconfirms why many years ago Kenville was a top gold producer and speaks to the potential of the property. Management feels the pending resource report will be the first in a series that will be driven by results from an extensive underground drilling program in combination with re-entering other levels of the old mine.

The historical average grade of ore found at Kenville was 10.9 grams per tonne of gold or 0.327 ounces.

See full news release here.............